Rapid7 Inc. (RPD) traded on unusually high volume on Sep. 20, as the stock
gained 2.71% to close at $17.46. On the day, Rapid7 Inc. saw 481,447 shares trade hands on 3,206 trades.
Considering that the stock averages only a daily volume of 246,249 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the
company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $19.29 and $10.63 over the last 52-weeks, its 50-day SMA is now $16.47, and its 200-day SMA $15.52. Rapid7 Inc.
has a P/B ratio of 21.83.

Rapid7 Inc is a provider of security data and analytics solutions that enable organizations to implement an active approach to cyber security.

Headquartered in Boston, MA, Rapid7 Inc. has 887 employees and is currently under the leadership of CEO Corey Thomas.

DISCLOSURE:
The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Nxt-ID Inc provides products, solutions, and services that have a need for biometric secure access control. Its lines of business include mobile commerce; law enforcement and biometric access control applications…